1503 LANTERN LIGHT DR, ROUND ROCK, TX 78681
ROUND ROCK, 78681 — williamson County
Property at a Glance
This home is estimated between $233,229 and $399,869, with a best estimate of $265,782. That places the property below the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418, in a neighborhood that declined 7.8% over the past year.
Estimated Value Range
$265,782
$289,263
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in R123492H - Sam Bass/Hermitage/Somerset R3, this home's estimated market value is between $233,229 and $399,869. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$59,578 for 261 sqft more living space and -$2,011 for being older. Net adjustment: +$57,567.
Adjusted -$22,827 for 100 sqft less living space. Net adjustment: -$22,827.
Adjusted +$52,958 for 232 sqft more living space and -$6,034 for being older. Net adjustment: +$46,924.
Adjusted -$43,827 for 192 sqft less living space and -$2,011 for being older. Net adjustment: -$45,838.
Adjusted -$9,131 for 40 sqft less living space and -$6,034 for being older. Net adjustment: -$15,165.
The Neighborhood
This home is in line with the R123492H - Sam Bass/Hermitage/Somerset R3 median of $290,418. Note that values in this subdivision declined 7.8% over the past year.
R123492H - Sam Bass/Hermitage/Somerset R3
typicalThis home is -0.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,205 across all districts. With a homestead exemption claimed, that drops to $3,901 — saving $1,304 per year. That's $325 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Round Rock ISD | School | 0.8931% | $2,583 |
| Round Rock | City | 0.3720% | $1,076 |
| Williamson County | County | 0.3694% | $1,069 |
| Austin Community College | special | 0.1034% | $299 |
| Williamson County FM/Rd | County | 0.0443% | $128 |
| Upper Brushy Creek WCID | Water | 0.0170% | $49 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.7993% | $5,205 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $265,782 would pay approximately $1,659 per month (principal and interest only, excluding taxes and insurance).